About Maldives Residences A residential development by Ideal Property Group at Bayan Lepas. Strategically located along Lorong Sungai Tiram 6, just across the road from Havana Beach Residences. It is conveniently connected to Jalan Tun Dr Awang, less than 2km away from Penang International Airport. This development comprises 46-storey building with ... Read More

The Penang State Government has taken steps to shorten the waiting period for Rumah Mutiaraku (RMKu) unit offers to between three and six months from the date applicants update their information. State Executive Councillor for Housing and Environment, Dato’ Seri S. Sundarajoo, said the improvement was achieved through a thorough ... Read More

Merione Residences is the residential component situated above Merione Grand at The Light Waterfront. It has its own dedicated residential entrance and incorporates smart security features such as facial recognition access and secured lift systems. The development consists of 145 low-density units, each starting from 1,055 sq ft, and offers ... Read More

More than 200 families living in the Weld Quay reclamation area are expected to move into new affordable homes at Cecil Residensi next year. The nearly completed housing project in George Town, developed by the Penang Development Corporation (PDC), will serve as the new residence for the community, many of ... Read More

Penang Chief Minister Chow Kon Yeow announced that as of 31 October 2025, the state has completed 170,706 housing units under the "Rumah MutiaraKu" programme, achieving 77.59% of its overall affordable housing target. He said the state aims to deliver 220,000 affordable housing units by 2030, a goal supported by 17 ... Read More

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The state’s cultural, educational and tourism sectors received a significant boost with the launch of the Lin Xiang Xiong Art Gallery at The Light Waterfront, an initiative Chief Minister Chow Kon Yeow described as a milestone for Penang’s creative development. Speaking at the opening ceremony on Saturday, Chow said the ... Read More

The Penang Master Builders (PMB) Association has appealed to the Road Transport Department (JPJ) to implement a flexible transitional mechanism for lorry load regulations, balancing enforcement objectives with practical industry needs. PMB President Dato' Goh Teng Whoo stated that while the Association fully supports the government's road safety initiatives, the ... Read More

The Penang undersea tunnel project is not abandoned, and remains an active initiative with ongoing study work, Chief Minister Chow Kon Yeow clarified at the state assembly on Friday. Responding to a supplementary question from Azmi Alang (PN–Telok Ayer Tawar), Chow said the state government recently received a detailed presentation ... Read More

Malaysia’s property sector is entering a new era of transparency and digital integration as the government accelerates the rollout of trusted digital infrastructure to strengthen compliance, governance and investor confidence. Deputy Finance Minister Lim Hui Ying said the Ministry of Finance is leading digital reforms to connect the entire property ... Read More